SMART DIGI TECH (01159) signed a cooperation intention agreement with Hong Kong Satellite Communications for direct mobile satellite connections.

SMART DIGI TECH (01159) announces that on March 10, 2026 (after trading hours), the company signed a Mobile Direct Satellite Cooperation Intention Agreement with Hong Kong Satellite Communications Limited (Hong Kong Satellite Communications). At the same time, the company also signed a Satellite Factory Leasing and Strategic Cooperation Intention Agreement with Beijing Jiutian Microstar Technology Development Limited (Jiutian Microstar). The board of directors believes that the group has been actively seeking growth and expanding its businesses in various fields in recent years, establishing the core competitiveness of the company. The group will cooperate with Hong Kong Satellite Communications to develop and produce experimental satellites for mobile direct communication, and the experimental satellites will conduct communication tests and technology verification in the Middle East, Central Asia, and Southeast Asia. The signing of the Mobile Direct Satellite Cooperation Intention Agreement will establish a long-term and stable strategic partnership between the group and Hong Kong Satellite Communications, promoting cooperation and development in satellite communication business for both parties. On the other hand, Jiutian Microstar's business focuses on commercial satellite customization, core constellation services, etc. Renting its factory will help the group fulfill overseas satellite orders for production and manufacturing, and provide stable production management, order reception, and quality control for the upcoming satellite communication business development, promoting the long-term development of satellite construction and satellite communication business for the group. The board of directors believes that the Satellite Factory Leasing and Strategic Cooperation Intention Agreement, as well as the Mobile Direct Satellite Cooperation Intention Agreement, will expand the group's future revenue base and is expected to increase the return on investment for shareholders.